Great Expectations - NME, 7th January 2012

We've been massaging the brains of the music industry's finest - from bands to bloggers, producers to label bosses - to try and answers the million dollar question: Where the hell are we headed in 2012

"I'd love to say to you that there's gonna be a new Nirvana that makes music really exciting again, but I can't see it happening. I'd love to think there's a guitar band out there like the Pistols, but there hasn't been one for a long, long time and you've got to worry that there's a generation out there who don't want that kind of music.

We didn't make any money until our fourth album, 'Everything Must Go', and don't think record companies have any patience anymore. They just don't have the money any more. It's a really difficult position for new bands to be in - it feels like if you fail on your first album, it's all over. But saying that, I do love Y Niwi, who are a Welsh language surf band who've been backing Gruff Rhys. I'm obsessed with them, it's really Joe Meek."